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Trump Residences Gurugram Sells Out on Launch Day, Secures ₹3,250 Crore

The second Trump-branded residential project in Gurugram, featuring 298 luxury units, highlights surging demand for ultra-luxury real estate in India.

Trump Residences in Gurugram, developed by Smartworld and Tribeca Developers, sold out on launch day, securing ₹3,250 crore in allotments.

Overview

  • The development, a collaboration between Smartworld Developers, Tribeca Developers, and The Trump Organization, comprises two 51-story towers with 298 residences.
  • All units, priced between ₹8 crore and ₹15 crore, and four ultra-premium penthouses valued at ₹125 crore, were fully allotted on the first day.
  • This marks the sixth Trump-branded project in India and the second in Gurugram, making it the only city outside New York to host two Trump Towers.
  • The Trump Organization provided branding and design expertise, while Smartworld and Tribeca managed development, marketing, and sales.
  • Donald Trump Jr. or Eric Trump is expected to visit India within two months to view the development, according to project leaders.